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Certificates may be bearer, meaning they entitle the holder to rights under the security merely by holding the security, or registered, meaning they entitle the holder to rights only if he or she appears on a security register maintained by the issuer or an Intermediary. They include shares of corporate stock or mutual funds, bonds issued by corporations or governmental agencies, stock options or other options, limited partnership units, and various other formal investment instruments that are negotiable and fungible.
TYPES OF SECURITIES
Debt Securities
Debt securities may be called debentures, bonds, notes or commercial paper depending on their maturity and certain other characteristics...
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